Le Château announces change to Board of Directors
MONTREAL, Aug. 29, 2014 /CNW Telbec/ - Le Château Inc. (TSX: CTU.A), a leading Canadian brand in specialty retailing, offering a broad array of contemporary fashion apparel, accessories and footwear for style-conscious women and men, today reported that Mr. Andrew M. Cohen has resigned from the Board of Directors to devote more time to his professional practice. Mr. Cohen served as an independent director of Le Château since December 2012. Mr. Michael Pesner will now act as Chair of the Corporate Governance Committee.
The Board of Directors, on its behalf and on the behalf of Le Château, extends its gratitude to Andrew for his dedication, contribution and insight and wishes him well in his future endeavours.
Le Château is a leading Canadian brand in specialty retailing, offering a broad array of contemporary fashion apparel, accessories and footwear for style-conscious women and men. The Le Château brand is sold exclusively through the Company's 227 retail locations, of which 226 are located in Canada. The Company's retail locations are primarily found in major urban shopping malls, as well as street-front locations with high pedestrian traffic. In addition, the Company has 5 stores under license in the Middle East. Le Château's web-based marketing is further broadening the Company's customer base among internet shoppers in both Canada and the United States. With its 54-year tradition of vertical integration, emphasizing a design and manufacturing approach to retailing, Le Château is unique among Canadian fashion merchants.
SOURCE Le Château Inc.For further information:
Emilia Di Raddo, CPA, CA, President (514) 738-7000
Johnny Del Ciancio, CPA, CA, Vice-President, Finance, (514) 738-7000
MaisonBrison: Pierre Boucher, (514) 731-0000